China’s economy shrank by 6.8 per cent in the first quarter of 2020. Photo: AP
China’s economy shrank by 6.8 per cent in the first quarter of 2020. Photo: AP

Coronavirus: China’s economy shrank for the first time since 1976 in first quarter

  • China’s economy shrank by 6.8 per cent in the first quarter of 2020 after the coronavirus shut down large swathes of the country
  • Industrial production, retail sales and fixed asset investment all shrank again in March, showing challenge in restarting the economy

China’s economy shrank by 6.8 per cent in the first quarter of 2020. Photo: AP
China’s economy shrank by 6.8 per cent in the first quarter of 2020. Photo: AP
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